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Chad Anderson is the founder and CEO of Space Capital, where he has been pioneering investment in the space economy for over a decade.
He is also the author of "The Space Economy," published by Wiley.
Disclosure: Anderson is an early investor in SpaceX, along with dozens of other space companies.

Every quarter, Space Capital tracks every dollar flowing into the space economy.
Themidyear numbers are in: Private investment totaled $31.6 billion across 129 space companies in the first half of 2026 — more than all of 2025, making this the strongest year on record for the space economy, with two quarters still to go.
Since SpaceX (SPCX) came online in 2009, the space economy has attracted $488 billion across more than 2,400 companies.
If theSpaceX initial public offering (IPO)felt like a climax for the sector, the data suggests it was just the opening act.
No event looms larger over these numbers than that IPO.
The market finally has a public benchmark for the company that has done more than any other to shape the modern space economy.
Yet almost immediately, the conversation shifted from valuation to identity, with some analysts asking whether SpaceX should even be considered a space company anymore.
Wall Street has always categorized space under aerospace and defense — hardware businesses valued on government contracts and program backlogs.
The value in space is accruing in layers that analysts cover elsewhere: communications, compute, and AI.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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